ARTICLE 4. Effect of Tax

Article 4 added by Stats. 1941, Ch. 113.

§§ 12491–12495 · 5 sections

• § 12491 (a) Every tax levied upon an insurer under the provisions of Article XIII of the California Constitution and of this part is a lien upon all property and…
• § 12492 Every lien attaches as of 12:01 a.m. on the first day of March of the calendar year in which the tax is levied.
• § 12493 (a) Every lien has the effect of an execution duly levied against all property of a delinquent insurer or surplus line broker. (b) This section shall become…
• § 12494 (a) No judgment is satisfied nor lien removed until either: (1) The taxes, interest, penalties, and costs are paid. (2) The insurer’s or surplus line broker’s…
• § 12495 No court shall make and enter a final discharge in bankruptcy or decree of dissolution, nor shall any county clerk or the Secretary of State file a discharge,…